The objective of this course is to provide students with a framework for thinking about the fundamental questions in international macroeconomics. We will focus on current account imbalances, capital mobility across countries, and the role of fiscal policy in an open economy. Most topics will be approached from both theoretical and empirical points of view.
• Foundations of intertemporal trade
• Derivation of the Current Account
• Transmission of Shocks Across Countries
• Applications and Puzzles